If you have been following the cryptocurrency market closely over the past few years, you may have wondered how veilig bitcoin kopen is. This is an important question as it can make a big difference to your portfolio.
The answer depends on how you see the future of cryptocurrencies and what you believe to be its value. There are many things to consider before you buy.
1. It’s a store of value
If you’ve never heard of bitcoin before, it is a digital currency that can be exchanged for goods and services over the internet. The crypto system is the brainchild of Satoshi Nakamoto and utilises advanced technology to secure peer-to-peer transactions, without involving a bank or payment processor.
This makes it a convenient store of value that is safe and portable (compared to, say, gold) with the ability to facilitate transactions of all sizes. As a result, it’s not just a fad but an emerging trend that governments, regulators and companies are taking notice of.
However, as with any speculative asset, buying bitcoin is not always a risk-free proposition. It’s a good idea to do your research before making any investment, and make sure that you’re not investing in a volatile or short-lived market.
2. It’s a currency
Bitcoin is a currency because it allows people to exchange value online without the involvement of a central authority or bank. This removes the gatekeepers that can stifle innovation and economic growth.
In the absence of a central bank, the economy can easily become deflationary as consumers hoard cash in an attempt to buy more expensive goods later. This can lead to a destructive spiral of economic downturn.
Instead of relying on a single entity to make payments, bitcoin is based on peer-to-peer software and cryptography. Its public ledger is distributed across a network of servers, known as nodes, which agree on who owns what coins through the use of encryption keys. Miners are rewarded for validating transactions and confirming them on the blockchain.
3. It’s a store of value
A store of value is an asset, commodity or currency that maintains its worth over time without depreciating. Stores of value are popular in times of economic uncertainty or volatility, as they tend to have low risk and slow but steady gains.
One of the key characteristics of a store of value is its scarcity. This is important because creating more of something dilutes its value, making it less desirable as a long-term investment.
Bitcoin has a lot of this quality, as its total supply is limited to 21 million coins and will never exceed that number. Additionally, it’s a decentralized digital asset that works independently of banks and governments. This makes it a more secure and trustworthy alternative to traditional money.
4. It’s a currency
As the world’s only digital currency, Bitcoin is a perfect example of how the internet can serve as a platform for peer-to-peer value exchange. It enables users to buy and sell goods and services without the need for intermediaries such as banks or payment apps.
It also has some interesting technical features that make it a worthy contender as a currency, such as its ‘blockchain’ technology and smart contracts.
To buy bitcoin you’ll need to sign up to a cryptocurrency exchange, such as Bybit https://www.bybit.com/en-US/ or Kraken. Centralized ‘custodial’ exchanges are similar to stock brokerages and match buyers and sellers by taking custody of your bitcoin, which means you can store it in a secure online wallet or on your mobile phone. They offer a wide variety of trading options, including’market’ and ‘limit’ orders.
5. It’s a store of value
Bitcoin is perceived as a store of value due to its scarcity, transferability and durability. It also obeys the six key features that define money: divisibility, uniformity, limited supply and general acceptability as a payment method.
Unlike fiat currencies, which are often printed by governments, the limit for bitcoin is only 21 million coins. This means that more bitcoins will never be created, which makes it a much better store of value.
Furthermore, it can be divided into smaller units called satoshis (up to 8 decimal places) and stored on a digital wallet. This durability and portability makes it an excellent store of value for investors who want to hold on to their cash for a long time.
